Avalanche price has been consolidating inside the price range of 12.50 and 22.00.
AVAX crypto has fallen below 20, 50, 100 and 200-days Daily Moving Average.
The pair of AVAX/BTC is at 0.0008172 BTC with an intraday drop of 9.42%.
Bulls have historically had trouble maintaining gains at the phase’s threshold when Avalanche pricing has attempted to leave the consolidation phase. Positive AVAX response indicates that people are currently focusing on demonstrating how the token differs from the horizontal range. However, the price of the token has stayed consistent at between $16.20 and $22.00. AVAX’s price is currently surging in a strong rally into the top range of the consolidation period. By maintaining their position at the trendline, AVAX bulls must keep the token above the caged region.
The market capitalization of AVAX decreased by 9.42% yesterday, and its projected price is currently $13.89. Trading volume has decreased by 57.57% since that time. This suggests that sellers ar
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